Salary Sacrifice Car Schemes
...the employee benefits scheme from Europe's largest motor group
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What are Salary Sacrifice Car Schemes?
Salary sacrifice car schemes make company cars available to employees not normally entitled to receive them, and usually at considerably discounted prices.
This salary sacrifice car scheme was developed by Pendragon Contracts, the contract hire division of the Europe's largest Motor Group, Pendragon PLC. The scheme allows employees to give up the right to part of their salary due under their terms & conditions of employment in return for an employer's agreement to provide the employee with a non-cash type benefit.
Why should I consider a Salary Sactifice Car Scheme for my organisation?
You can enhance your company benefits package by using current tax and National Insurance legislation to achieve savings when acquiring a vehicle.
Salary sacrifice cars can also contribute towards meeting your Duty of Care obligations under the new Corporate Manslaughter Act introduced in April 2008.
The 'simplydriveit' scheme has been designed to keep administration to a minimum. This is made possible through our purpose built online vehicle selector and quotation tool. Employees with a login can select vehicles of their choice and see the monthly cost implications (Including fully comprehensive insurance).
Getting started
We'll work with you to introduce a salary sacrifice car scheme for your organisation and help you to set up the rules of your company's scheme, including which employees you want to include and the type of salary sacrifice cars employees are allowed to choose from. We can also advise on which vehicles benefit most from the new taxation legislation.
Find out more:
Call us on 01332 267386 or complete our Enquiry Form.
Related Pages:
- What are the benefits of a Salary Sacrifice car scheme?- Additional Information For Employers